Now that is how you do it - Hong Kong employment
From
Breitbart/AFP:
Hong Kong unemployment falls to 13-year low
Hong Kong said Tuesday its unemployment rate has fallen to its lowest in more than 13 years thanks largely to a strong local economy, but analysts warned the figure could rise again.
The unemployment rate for the June-August period fell to 3.2 percent, from 3.4 percent in the May-July, which marked Hong Kong's lowest jobless rate since February 1998, the Census and Statistics Department said.
The figure was below the average 3.5 percent unemployment rate forecast in a poll of seven economists by Dow Jones Newswires.
The total number of people in jobs in the June-August period rose by around 10,800, to 3,636,600 people -- a record high for the Chinese city of seven million people.
One of my favorite big cities in the world. Been over there a few times and wandering around, I saw a lot of busy small businesses -- a garage or shed with ten people running lathes and mills turning out parts. The engine of job creation is small businesses, not Unions.
Posted by DaveH at September 21, 2011 11:23 AM